Private Equity
Steve Benevento was a “consummate professional” and a “wonderful family man” and it was with great shock that the firm where he served as a senior executive learned of his death, GoldPoint Partners said.
2 min read · 29 April 2015
Altegris has been cleared by regulators to offer accredited individuals exposure to Kohlberg Kravis Roberts & Co private equity funds.
3 min read · 28 April 2015
The Carlyle Group said it has wrapped up its second “local” Brazil fund on 700 million reais ($237.8 million). The new fund is larger than its predecessor, but fell short of its target.
2 min read · 28 April 2015
A major figure in the private equity secondary world has left his post. Tjarko Hektor, who formerly co-led the secondaries team at Carlyle Group-backed AlpInvest Partners, has left the firm, Carlyle spokesman Randy Whitestone told Buyouts.
2 min read · 28 April 2015
Alternative asset manager Hermes GPE is leaving Boston after only a few years and opening an office in New York as it continues to grow its presence in North America, sources told Buyouts.
2 min read · 23 April 2015
As TA Associates talks to limited partners about its next flagship vehicle, which is expected to target $4 billion, the firm is also informing LPs about some management changes going forward, sources said.
2 min read · 23 April 2015
Gridiron Capital has drawn $106 million for its third buyout fund as the middle-market firm looks to follow up its most recent pool that wrapped up in 2012, according to a regulatory filling.
2 min read · 20 April 2015
The New York City Retirement System has hired Eneasz Kadziela to replace veteran private equity officer James Del Gaudio, who left in March, according to Eric Sumberg, a spokesman for the city comptroller’s office. Kadziela is one of four professionals to recently join the private markets team, which a report suggests has been falling short of its benchmark.
2 min read · 20 April 2015
OpenGate Capital has been repeatedly criticized for how it handled the closures of three portfolio companies in recent years, but the recriminations have not hindered what is being described as a strong fundraising process for the firm’s debut fund.
3 min read · 20 April 2015
Fenway Partners is the latest private equity firm to come under the scrutiny of the SEC.
3 min read · 20 April 2015
